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Global Corn Market Report 2020-2026: Increasing Demand for Corn-Based Ethanol Production - Market is Expected to Reach $199 Billion

Research and Markets
·3-min read

Dublin, Nov. 13, 2020 (GLOBE NEWSWIRE) -- The "Global Corn Market Forecast By Production (United States, China, Brazil, European Union, Argentina and Rest of the World), Consumption, Export, Import & Company Analysis" report has been added to ResearchAndMarkets.com's offering.

Globally corn industry is growing with a healthy growth rate, and it is expected to reach US$ 199 Billion by the end of the year 2026

United States, Brazil, Argentina and China are the major corn producing countries. The United States accounts for the lion's share globally in terms of corn production and Export. Other than the USA, Ukraine, Argentina, Brazil and Russia are few other countries who are also significant exporters of corn worldwide.

In terms of imports Japan, European Union, Mexico, Egypt, South Korea, Iran, Columbia, Vietnam, Taiwan, Algeria rely heavily on imports of corn. In these countries, the corn is mostly used for end-use sectors like the animal feed and corn starch markets.

United States, China, Brazil, Russia, and the European Union regions have the highest consumption of corn globally. The growing market for corn in the United States is due to the ever-increasing feed sector and the industrial sector. Strong meat exports is projected to stimulate animal production and to increase corn use in Brazil.

Since the outbreak of African swine flu a few years ago, the Republic of China's rebuilding of the hog sector has been faster than the prior projection which has been fueling feed demand in this region. In Russia, production of corn is mostly used in the domestic market; primarily large supplies are from the Central District.

Covid-19 Impact on Corn Industry

In the global corn market, Covid-19 has not impacted much on this industry. There has been a marginally surge in export, import as well as in production during this period.

Factors Driving the Corn Industry Worldwide:

Growth:

  • Increasing Demand for Corn-Based Ethanol Production

  • Rising Incidence of Pests

  • Potential of Maize in improving farmers' income

Challenges:

  • Climate Change Impacts on Corn

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges

5. Global Corn Market

6. Global Corn Production (Volume) by Countries
6.1 United States
6.2 China
6.3 Brazil
6.4 European Union
6.5 Argentina
6.6 Rest of the World

7. Global Corn Consumption (Market & Volume) by Countries
7.1 United States
7.1.1 Volume
7.1.2 Market
7.2 China
7.3 Brazil
7.4 European Union
7.5 Mexico
7.6 Rest of the World

8. Global Corn Export (Volume) by Countries
8.1 United States
8.2 Argentina
8.3 Ukraine
8.4 Brazil
8.5 Russia
8.6 Rest of the World

9. Global Corn Import (Volume) by Countries
9.1 Japan
9.2 Mexico
9.3 European Union
9.4 South Korea
9.5 Egypt
9.6 Iran
9.7 Vietnam
9.8 Taiwan
9.9 Columbia
9.10 Algeria
9.11 Rest of the World

10. Company Analysis
10.1 Cargill
10.1.1 Overview
10.1.2 Recent Development & Strategy
10.1.3 Revenue
10.2 Ingredion Incorporated
10.3 Archer Daniels Midland
10.4 Tate & Lyle

For more information about this report visit https://www.researchandmarkets.com/r/sklypx

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900